Representative Rick Larsen (D-Washington) recently bought shares of American Electric Power Company, Inc. (NASDAQ:AEP). In a filing disclosed on October 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in American Electric Power stock on October 6th. The trade occurred in the Representative’s “RICHARD R LARSEN IRA” account.
Representative Rick Larsen also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Zoetis (NYSE:ZTS) on 10/6/2025.
- Purchased $1,001 – $15,000 in shares of Walmart (NYSE:WMT) on 10/6/2025.
- Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 10/6/2025.
- Sold $1,001 – $15,000 in shares of Old Dominion Freight Line (NASDAQ:ODFL) on 10/6/2025.
- Purchased $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 10/6/2025.
American Electric Power Price Performance
American Electric Power stock opened at $117.53 on Friday. The company has a current ratio of 0.55, a quick ratio of 0.41 and a debt-to-equity ratio of 1.33. American Electric Power Company, Inc. has a 1-year low of $89.91 and a 1-year high of $120.46. The company has a fifty day simple moving average of $111.86 and a 200 day simple moving average of $107.51. The company has a market cap of $62.85 billion, a P/E ratio of 17.18, a price-to-earnings-growth ratio of 3.10 and a beta of 0.48.
American Electric Power Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 8th were given a $0.93 dividend. The ex-dividend date of this dividend was Friday, August 8th. This represents a $3.72 dividend on an annualized basis and a yield of 3.2%. American Electric Power’s dividend payout ratio (DPR) is 54.39%.
Institutional Investors Weigh In On American Electric Power
Large investors have recently added to or reduced their stakes in the business. Austin Private Wealth LLC lifted its holdings in American Electric Power by 4.3% during the 3rd quarter. Austin Private Wealth LLC now owns 2,746 shares of the company’s stock valued at $309,000 after purchasing an additional 112 shares during the last quarter. HM Payson & Co. raised its position in shares of American Electric Power by 8.8% in the third quarter. HM Payson & Co. now owns 10,346 shares of the company’s stock valued at $1,164,000 after purchasing an additional 839 shares during the period. Ethic Inc. lifted its stake in shares of American Electric Power by 1.2% during the 3rd quarter. Ethic Inc. now owns 12,397 shares of the company’s stock worth $1,395,000 after buying an additional 153 shares during the last quarter. Mattson Financial Services LLC bought a new stake in shares of American Electric Power during the 3rd quarter worth about $1,057,000. Finally, Kavar Capital Partners Group LLC boosted its holdings in shares of American Electric Power by 2.1% during the 3rd quarter. Kavar Capital Partners Group LLC now owns 4,920 shares of the company’s stock worth $554,000 after buying an additional 100 shares during the period. Institutional investors own 75.24% of the company’s stock.
Insider Activity at American Electric Power
In other news, EVP Kelly J. Ferneau sold 1,006 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $112.00, for a total transaction of $112,672.00. Following the completion of the sale, the executive vice president owned 5,676 shares in the company, valued at $635,712. The trade was a 15.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Benjamin G. S. Fowke III sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $117.52, for a total value of $587,600.00. Following the completion of the transaction, the director directly owned 35,898 shares in the company, valued at $4,218,732.96. The trade was a 12.23% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,006 shares of company stock valued at $1,243,522 over the last 90 days. Company insiders own 0.07% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the company. LADENBURG THALM/SH SH reduced their price target on American Electric Power from $112.00 to $108.50 and set a “neutral” rating for the company in a research report on Wednesday, September 10th. Morgan Stanley dropped their price objective on American Electric Power from $117.00 to $115.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. TD Cowen initiated coverage on shares of American Electric Power in a research note on Thursday. They issued a “buy” rating and a $133.00 target price for the company. The Goldman Sachs Group boosted their target price on shares of American Electric Power from $125.00 to $128.00 and gave the stock a “buy” rating in a report on Tuesday, October 14th. Finally, Scotiabank increased their price target on shares of American Electric Power from $102.00 to $114.00 and gave the company a “sector perform” rating in a research note on Thursday, July 31st. Ten equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, American Electric Power currently has an average rating of “Hold” and an average price target of $119.26.
Get Our Latest Stock Report on AEP
About Representative Larsen
Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027.
Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the 2026 election.
Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.
Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council.
Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.
American Electric Power Company Profile
American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments.
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